Income ≥ Expenses
You can be broke at any level of income. The reason being that it is not how much money you make but how much of it you keep. Addressing behavior to hopefully ensure that your expenses never exceed your income is part of what comprehensive, values-based financial planning is at Frontier.
Income = Savings + Investments + Expenses
Paying yourself first is an important step in developing financial freedom.
Developing a behavior to hopefully ensure that you achieve financial freedom is part of what comprehensive, values-based financial planning is at Frontier.